Any couple in California going through a divorce knows that property division can oftentimes be complicated, especially when there are a lot of assets involved. Of course, each spouse will want marital assets divided fairly, but in order to do so, the liquidity of assets must be taken into consideration.
Divorcing California couples always have a lot of issues to resolve. There can be child support issues, alimony issues, child custody problems and others. People's emotions tend to get heated and can make solving these common problems difficult. When a high net worth couple is involved in a divorce, these issues can be complicated by the division of assets. The distribution of property will be an important step in these cases since the property can determine how secure a person's financial future will be.
Divorce is not a rare occurrence in California. People from all walks of life have come to the realization that their marriages are not working and choose to go their separate ways. Experts have speculated that changing expectations about married life and longer life expectancies have led to an increase in the divorce rate in California and across the United States. While divorce is not unusual, some people do choose to divorce in different ways.
During a divorce, the proceedings can get heated. People are often divorcing because they can no longer be in a productive and happy relationship. They may wish that they never had to deal with their ex-spouse again. In some cases, once the divorce proceedings are over, California residents don't have a reason to be in each other's lives. They can move forward in completely separate directions.